Press release
Cognitive Services Market to Reach US$ 15.28 Billion Growing at CAGR 42.6% to 2023
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global cognitive services market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
The global cognitive services market to grow from US$ 2.59 Billion in 2018 to US$ 15.28 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 42.6% during the forecast period. The growing use of cognitive services across various industries and increasing demand for intelligent APIs to build smarter applications is expected provide the opportunities for the cognitive services market.
Top Key Players in the “Cognitive Services Market” include are
• IBM (US)
• Microsoft (US)
• AWS (US)
• Google (US)
• TCS (India)
• Baidu (China)
• Apple (US)
• Nuance Communications (US)
• Qualcomm Technologies (US)
• SAS Institute (US)
#Complete report on Cognitive Services Market spread across 151 Pages, profiling 26 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1541226 .
Banking, Financial Services, and Insurance (BFSI) is a data-driven industry that constantly focuses on enhancing customer experience. The adoption of cognitive services can help the BFSI vertical analyze large volumes of transaction data, customer profiles, and other such data, to formulate customer engagement strategies.
North America is expected to have the largest market size in the cognitive services market during the forecast period. The North American region has shown growing investment in cognitive technologies and the major initiatives taken for the growth of the cognitive services have their origin in this region. Therefore, potential growth is expected in the region during the forecast period.
Study Objectives:
The objective of the report is to define, describe, and forecast the size of the cognitive services market by technology, service type, deployment mode, application, end-user, vertical, and region. The report also aims at providing detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
#A Discount can be asked before order a copy of Cognitive Services Market report at https://www.reportsnreports.com/contacts/discount.aspx?name=1541226 .
Target Audience:
• Government and Public Sector Undertakings (PSUs)
• Small and Medium-sized Enterprises (SMEs)
• IT and telecommunication industry
• Technology Investors
• Research/consultancy firms
• Infrastructure providers
• Original Equipment Manufacturers (OEMs) and technology solution providers
• Services platform solution providers
• System integrators
• Corporate sector
• Technology providers
• External Service Providers (ESPs)
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